Cyclopedia of Law ...American Correspondence School of Law, 1912 |
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Página iii
... the fundamental and important princi- ples of Commercial law are set forth , in reasonable com- pass , that all who wish may become familiar with those rules which more or less pervade and control all commer- 6 iii Preface.
... the fundamental and important princi- ples of Commercial law are set forth , in reasonable com- pass , that all who wish may become familiar with those rules which more or less pervade and control all commer- 6 iii Preface.
Página xi
... Become a Surety or Guarantor ... ..163 The Consideration for the Promise of the Surety or Guaran- tor ..164 Bond Given When Not Required , or in Different Form Binds Surety ..166 ..... Surety May Be Sound Though Name Not in Body of Writ ...
... Become a Surety or Guarantor ... ..163 The Consideration for the Promise of the Surety or Guaran- tor ..164 Bond Given When Not Required , or in Different Form Binds Surety ..166 ..... Surety May Be Sound Though Name Not in Body of Writ ...
Página 9
... becomes an Indorser as well as Payee ; the party to whom he thus transfers the bill is called an Indorsee . The indorsee may in turn become an indorser by transfer of the note , and then sustains a double relation thereto , that of ...
... becomes an Indorser as well as Payee ; the party to whom he thus transfers the bill is called an Indorsee . The indorsee may in turn become an indorser by transfer of the note , and then sustains a double relation thereto , that of ...
Página 10
... become both payee and first indorser , and this process may continue through " Indeed , " says Professor Walker , " it is sufficient , so far as negotiability is concerned , to consider all negotiable instru- ments as divided into two ...
... become both payee and first indorser , and this process may continue through " Indeed , " says Professor Walker , " it is sufficient , so far as negotiability is concerned , to consider all negotiable instru- ments as divided into two ...
Página 11
... become the indorser , and so on indefinitely . The person having a right to the bill or note at any particular time is called the holder . " ( Walker's Am . Law , Sec . 180. ) " A check is a written order or request , addressed to a ...
... become the indorser , and so on indefinitely . The person having a right to the bill or note at any particular time is called the holder . " ( Walker's Am . Law , Sec . 180. ) " A check is a written order or request , addressed to a ...
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Términos y frases comunes
acceptance acceptor action agent amount assignment assumpsit authority Bank Benj.'s Chalmers bill of exchange bill or note bind bona fide holder bond bound charge co-sureties commercial paper common law consideration contract corporation coupon bonds court creditor Cyclopedia of Law default defendant delivery demand discharge the surety drawer drawn equity evidence executed fact Fargo & Co fraud funds give notice given Guar guaranty held holder for value honor indorser interest judgment jury law merchant letter of credit liability maker maturity ment merchant mortgage negotiable instrument non-payment notary notice of dishonor obligation paid party payable to bearer payee person plaintiff plaintiff in error presentment for payment principal debtor promise to pay promissory note protest question reasonable recover rule signature statute statute of frauds subrogation surety or guarantor suretyship thereof Tiedeman tion transfer valid value received void words
Pasajes populares
Página 177 - Car. 2. c. 3. § 4., enacts, that " no action shall be brought whereby to charge any executor or administrator, upon any special promise, to answer damages out of his own estate, or whereby to charge the defendant upon any special promise to answer for the debt, default, or miscarriage of another person...
Página 243 - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed.
Página 238 - ... 1. At a fixed period after date or sight ; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect.
Página 239 - Does not specify the place where it is drawn or the place where it is payable; or 4.
Página 251 - Where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferor had therein, and the transferee acquires, in addition, the right to have the indorsement of the transferor. But for the purpose of determining whether the transferee is a holder in due course, the negotiation takes effect as of the time when the indorsement is actually made.
Página 178 - ... instruct them, if they render a general verdict, to find upon particular questions of fact, to be stated in writing, and may direct a written finding thereon. The special verdict or finding must be filed with the clerk and entered upon the minutes. Where a special finding of facts is inconsistent with the general verdict, the former controls the latter, and the court must give judgment accordingly.— 1909-193.
Página 273 - The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer.
Página 255 - When a person not otherwise a party to an instrument places thereon his signature in blank before delivery, he is liable as indorser in accordance with the following rules: 1. If the instrument is payable to the order of a third person, he is liable to the payee and to all subsequent parties.
Página 11 - HOLMES delivered the opinion of the court. The question in this case is whether the following instrument is entitled to probate: "Washington, DC Aug. 31
Página 248 - A special indorsement specifies the person to whom, or to whose order, the instrument is to be payable ; and the indorsement of such indorsee is necessary to the further negotiation of the instrument.